ETABLISSEMENTS HALLEGOUET : revenue, balance sheet and financial ratios

ETABLISSEMENTS HALLEGOUET is a French company founded 14 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in LANDERNEAU (29800), this company of category PME shows in 2025 a revenue of 789 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ETABLISSEMENTS HALLEGOUET (SIREN 533969937)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 789 327 € 891 410 € 1 076 911 € 992 954 € 882 738 € 748 299 € 476 909 € 492 512 € 458 492 € 398 874 €
Net income -72 740 € 1 335 € 107 583 € 58 318 € 63 564 € 66 359 € 25 797 € 18 185 € 19 156 € 35 168 €
EBITDA -75 123 € 1 983 € 143 006 € 73 583 € 93 985 € 106 749 € 57 100 € 55 138 € 35 753 € 47 557 €
Net margin -9.2% 0.1% 10.0% 5.9% 7.2% 8.9% 5.4% 3.7% 4.2% 8.8%

Revenue and income statement

In 2025, ETABLISSEMENTS HALLEGOUET achieves revenue of 789 k€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +7.9%. Significant drop of -11% vs 2024. After deducting consumption (406 k€), gross margin stands at 384 k€, i.e. a rate of 49%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -75 k€, representing -9.5% of revenue. Warning negative scissor effect: despite revenue change (-11%), EBITDA varies by -3888%, reducing margin by 9.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -73 k€ (-9.2% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

789 327 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

383 776 €

EBITDA (2025) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-75 123 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-94 853 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-72 740 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-9.5%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 60%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.143%

Financial autonomy (2025) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

60.43%

Cash flow / Revenue (2025) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-6.661%

Repayment capacity (2025) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-0.008

Asset age ratio (2025) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

39.6%

Solvency indicators evolution
ETABLISSEMENTS HALLEGOUET

Sector positioning

Debt ratio
0.14 2025
2023
2024
2025
Q1: 4.84
Med: 17.02
Q3: 39.87
Excellent

In 2025, the debt ratio of ETABLISSEMENTS HALLEGOUET (0.14) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
60.43% 2025
2023
2024
2025
Q1: 25.1%
Med: 46.33%
Q3: 62.69%
Good -5 pts over 3 years

In 2025, the financial autonomy of ETABLISSEMENTS HALLEGOUET (60.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
-0.01 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.52 years
Q3: 1.63 years
Excellent -23 pts over 3 years

In 2025, the repayment capacity of ETABLISSEMENTS HALLEGOUET (-0.01) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 233.57. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

233.572

Interest coverage (2025) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
ETABLISSEMENTS HALLEGOUET

Sector positioning

Liquidity ratio
233.57 2025
2023
2024
2025
Q1: 164.45
Med: 230.78
Q3: 335.49
Good -12 pts over 3 years

In 2025, the liquidity ratio of ETABLISSEMENTS HALLEGOUET (233.57) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.0x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.8x
Q3: 4.49x
Average -27 pts over 3 years

In 2025, the interest coverage of ETABLISSEMENTS HALLEGOUET (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 64 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. The company must finance 15 days of gap between collections and payments. Inventory turnover is 81 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 123 days of revenue, i.e. 270 k€ to permanently finance. Over 2016-2025, WCR increased by +154%, requiring additional financing.

Operating WCR (2025) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

269 839 €

Customer credit (2025) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

64 j

Supplier credit (2025) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

49 j

Inventory turnover (2025) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

81 j

WCR in days of revenue (2025) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

123 j

WCR and payment terms evolution
ETABLISSEMENTS HALLEGOUET

Positioning of ETABLISSEMENTS HALLEGOUET in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (38 transactions). This range of 227 017€ to 317 907€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
227k€ 312k€ 317k€
312 540 € Range: 227 017€ - 317 907€
NAF 5 année 2025

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 38 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Travaux d'installation d'eau et de gaz en tous locaux)

Compare ETABLISSEMENTS HALLEGOUET with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about ETABLISSEMENTS HALLEGOUET

What is the revenue of ETABLISSEMENTS HALLEGOUET ?

The revenue of ETABLISSEMENTS HALLEGOUET in 2025 is 789 k€.

Is ETABLISSEMENTS HALLEGOUET profitable?

ETABLISSEMENTS HALLEGOUET recorded a net loss in 2025.

Where is the headquarters of ETABLISSEMENTS HALLEGOUET ?

The headquarters of ETABLISSEMENTS HALLEGOUET is located in LANDERNEAU (29800), in the department Finistere.

Where to find the tax return of ETABLISSEMENTS HALLEGOUET ?

The tax return of ETABLISSEMENTS HALLEGOUET is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does ETABLISSEMENTS HALLEGOUET operate?

ETABLISSEMENTS HALLEGOUET operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.